China industry ministry expects auto chips shortage to ease in Q4

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SHANGHAI, Oct 19 (Reuters) – China’s industry ministry expects the chips shortage that has impacted the automotive sector will ease in the fourth quarter of this yr, a authorities official stated on Tuesday.

Luo Junjie, a spokesperson from the Ministry of Industry and Information Technology, made the feedback at a authorities briefing.

Reporting by Beijing Newsroom; Writing by Brenda Goh; Editing by Andrew Heavens